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CORPORATE FRANCHISE BUSINESS OPPORTUNITY IN INDIA

Colgate-Palmolive India Q3 profit down 2.2% to Rs 322.8 cr

Colgate-Palmolive India Ltd reports a 2.22% dip in Q3 net profit to Rs 322.78 crore, attributed to soft urban demand and a high base last year. Sales rose 4.74% to Rs 1,452.21 crore, but total expenses increased 8.2%. CEO Prabha Narasimhan notes resilient performance despite challenges, with growth in the premium segment. Shares closed at Rs 2,674.35, down 1.26%.

from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/personal-care-pet-supplies-liquor/colgate-palmolive-indias-q3-profit-misses-estimates-on-moderating-demand/117634495
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